Bullish Options Positioning Continues in Fidelity National Information Services (FIS) Targeting Upside in Shares Through April 2020 -Susquehanna

Susquehanna options strategist Alison Edwards notes continued upside positioning in Fidelity National Information Services (NYSE: FIS), as a bullish rolling investor sold 4k Nov 130 Calls at $1.80 to buy 8k Apr 130 (.53d) calls for $8.35, creating ~235k shares to buy. In recent weeks, there’s been a notable amount of bullish Nov and Dec flow, although the Dec calls were closed last week, and now the bullish Nov position is being moved out to April.

You May Also Be Interested In

• Tesla Crash Into Texas Home Now Under Federal Safety Probe - WSJ
• Trump: everybody is fully aware that Iran will agree to have major weapons inspections in order to ensure "nuclear honesty" long into future
• Meta pausing an internal AI training program after sensitive data was accessible across the entire company - Business Insider